Press Release

Ventas Announces Brush Departure

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Posted 20 March 2008 @ 08:00 pm EST

LOUISVILLE, Ky., March 20 /PRNewswire-FirstCall/ -- Ventas, Inc.(NYSE: VTR) ("Ventas" or the "Company") said today that Lisa M. Brush, SeniorVice President -- Senior Housing Development and Operations, has resigned topursue entrepreneurial opportunities on the operating side of the seniorliving business.

"We are grateful to Lisa for her significant contributions at Ventasduring the past year, especially with the very successful integration into ourportfolio of 79 assisted and independent living communities that are managedby Sunrise Senior Living, Inc.," Ventas Chairman, President and ChiefExecutive Officer Debra A. Cafaro said. "We wish Lisa all the best in her newventures."

Before joining Ventas, Brush was the Chief Operating Officer of SunriseSenior Living REIT, which Ventas acquired.

"We support Lisa's aspirations to own and run her own senior livingoperating platform," Ventas Chief Investment Officer Raymond J. Lewis said."Lisa brought skill and knowledge to her position, assembling and developingan excellent team and important processes that are now firmly in place atVentas."

Lewis added that, on an interim basis, the Ventas employees who currentlymanage the Company's senior housing operating business will assume Brush'sresponsibilities and will report directly to him.

Ventas, Inc. is a leading healthcare real estate investment trust. Itsdiverse portfolio of properties located in 43 states and two Canadianprovinces includes seniors housing communities, skilled nursing facilities,hospitals and medical office and other properties. More information aboutVentas can be found on its website at http://www.ventasreit.com.

This press release includes forward-looking statements within the meaningof Section 27A of the Securities Act of 1933, as amended, and Section 21E ofthe Securities Exchange Act of 1934, as amended. All statements regardingVentas, Inc.'s ("Ventas" or the "Company") and its subsidiaries' expectedfuture financial position, results of operations, cash flows, funds fromoperations, dividends and dividend plans, financing plans, business strategy,budgets, projected costs, capital expenditures, competitive positions,acquisitions, investment opportunities, merger integration, growthopportunities, expected lease income, continued qualification as a real estateinvestment trust ("REIT"), plans and objectives of management for futureoperations and statements that include words such as "anticipate," "if,""believe," "plan," "estimate," "expect," "intend," "may," "could," "should,""will" and other similar expressions are forward-looking statements. Suchforward-looking statements are inherently uncertain, and security holders mustrecognize that actual results may differ from the Company's expectations. TheCompany does not undertake a duty to update such forward-looking statements,which speak only as of the date on which they are made.

The Company's actual future results and trends may differ materiallydepending on a variety of factors discussed in the Company's filings with theSecurities and Exchange Commission. Factors that may affect the Company'splans or results include without limitation: (a) the ability and willingnessof the Company's operators, tenants, borrowers, managers and other thirdparties, as applicable, to meet and/or perform the obligations under theirvarious contractual arrangements with the Company; (b) the ability andwillingness of Kindred Healthcare, Inc. (together with its subsidiaries,"Kindred"), Brookdale Living Communities, Inc. (together with itssubsidiaries, "Brookdale") and Alterra Healthcare Corporation (together withits subsidiaries, "Alterra") to meet and/or perform their obligations toindemnify, defend and hold the Company harmless from and against variousclaims, litigation and liabilities under the Company's respective contractualarrangements with Kindred, Brookdale and Alterra; (c) the ability of theCompany's operators, tenants, borrowers and managers, as applicable, tomaintain the financial strength and liquidity necessary to satisfy theirrespective obligations and liabilities to third parties, including withoutlimitation obligations under their existing credit facilities; (d) theCompany's success in implementing its business strategy and the Company'sability to identify, underwrite, finance, consummate and integratediversifying acquisitions or investments, including those in different assettypes and outside the United States; (e) the nature and extent of futurecompetition; (f) the extent of future or pending healthcare reform andregulation, including cost containment measures and changes in reimbursementpolicies, procedures and rates; (g) increases in the Company's cost ofborrowing; (h) the ability of the Company's operators and managers, asapplicable, to deliver high quality services, to attract and retain qualifiedpersonnel and to attract residents and patients; (i) the results of litigationaffecting the Company; (j) changes in general economic conditions and/oreconomic conditions in the markets in which the Company may, from time totime, compete; (k) the Company's ability to pay down, refinance, restructureand/or extend its indebtedness as it becomes due; (l) the movement of interestrates and the resulting impact on the value of and the accounting for theCompany's interest rate swap agreement; (m) the Company's ability andwillingness to maintain its qualification as a REIT due to economic, market,legal, tax or other considerations; (n) final determination of the Company'staxable net income for the year ended December 31, 2007 and for the yearending December 31, 2008; (o) the ability and willingness of the Company'stenants to renew their leases with the Company upon expiration of the leasesand the Company's ability to relet its properties on the same or better termsin the event such leases expire and are not renewed by the existing tenants;(p) risks associated with the acquisition of Sunrise Senior Living REIT,including the timely delivery of accurate property-level financial results forthe Company's properties and the Company's ability to timely and fully realizethe expected revenues and cost savings therefrom; (q) factors causingvolatility in the Company's revenues generated by its seniors housingcommunities managed by Sunrise Senior Living, Inc. ("Sunrise"), includingwithout limitation national and regional economic conditions, costs ofmaterials, energy, labor and services, employee benefit costs and professionaland general liability claims; (r) the movement of U.S. and Canadian exchangerates; (s) year-over-year changes in the Consumer Price Index and the effectof those changes on the rent escalators, including the rent escalator forMaster Lease 2 with Kindred, and the Company's earnings; (t) the impact on theliquidity, financial condition and results of operations of the Company'soperators, tenants, borrowers and managers, as applicable, resulting fromincreased operating costs and uninsured liabilities for professional liabilityclaims, and the ability of the Company's operators, tenants, borrowers andmanagers to accurately estimate the magnitude of such liabilities; and (u) theimpact of the Sunrise strategic review process and accounting, legal andregulatory issues. Many of these factors are beyond the control of theCompany and its management.

Contacts: Debra A. Cafaro Chairman, President and CEO or Richard A. Schweinhart Executive Vice President and CFO (502) 357-9000SOURCE Ventas, Inc.




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